I/S BREDGADE 35 — Credit Rating and Financial Key Figures
Credit rating
Company information
About I/S BREDGADE 35
I/S BREDGADE 35 (CVR number: 27990606) is a company from AALBORG. The company recorded a gross profit of 129.2 kDKK in 2024. The operating profit was -49.6 kDKK, while net earnings were -1743.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. I/S BREDGADE 35's liquidity measured by quick ratio was 54.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 015.79 | 1 053.94 | 1 081.10 | 886.72 | 129.22 |
| EBIT | 1 015.79 | 1 980.94 | -2 218.90 | - 692.67 | -49.65 |
| Net earnings | 1 296.82 | 2 783.24 | -1 662.59 | 370.02 | -1 743.58 |
| Shareholders equity total | 14 571.62 | 17 335.73 | 15 650.98 | 15 994.22 | 14 214.76 |
| Balance sheet total (assets) | 23 335.86 | 25 284.78 | 24 502.16 | 23 383.71 | 14 478.74 |
| Net debt | 6 410.96 | 4 634.19 | 3 136.92 | 1 637.38 | -4 290.12 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.0 % | 11.9 % | -6.1 % | 2.7 % | 1.5 % |
| ROE | 9.1 % | 17.4 % | -10.1 % | 2.3 % | -11.5 % |
| ROI | 6.0 % | 11.9 % | -6.3 % | 2.9 % | 1.6 % |
| Economic value added (EVA) | - 166.55 | 812.95 | -3 483.97 | -1 832.93 | -1 170.44 |
| Solvency | |||||
| Equity ratio | 62.4 % | 68.6 % | 63.9 % | 68.4 % | 98.2 % |
| Gearing | 59.5 % | 45.2 % | 45.0 % | 39.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.8 | 7.8 | 3.2 | 4.9 | 54.8 |
| Current ratio | 6.8 | 7.8 | 3.2 | 4.9 | 54.8 |
| Cash and cash equivalents | 2 261.14 | 3 205.48 | 3 903.94 | 4 672.68 | 4 290.12 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | BB |
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